Apple Research and Development Expenses 2010-2022 | AAPL

Apple annual/quarterly research and development expenses history and growth rate from 2010 to 2022. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Apple research and development expenses for the quarter ending September 30, 2022 were $6.761B, a 17.13% increase year-over-year.
  • Apple research and development expenses for the twelve months ending September 30, 2022 were $26.251B, a 19.79% increase year-over-year.
  • Apple annual research and development expenses for 2022 were $26.251B, a 19.79% increase from 2021.
  • Apple annual research and development expenses for 2021 were $21.914B, a 16.86% increase from 2020.
  • Apple annual research and development expenses for 2020 were $18.752B, a 15.63% increase from 2019.
Apple Annual Research and Development Expenses
(Millions of US $)
2022 $26,251
2021 $21,914
2020 $18,752
2019 $16,217
2018 $14,236
2017 $11,581
2016 $10,045
2015 $8,067
2014 $6,041
2013 $4,475
2012 $3,381
2011 $2,429
2010 $1,782
2009 $1,333
Apple Quarterly Research and Development Expenses
(Millions of US $)
2022-09-30 $6,761
2022-06-30 $6,797
2022-03-31 $6,387
2021-12-31 $6,306
2021-09-30 $5,772
2021-06-30 $5,717
2021-03-31 $5,262
2020-12-31 $5,163
2020-09-30 $4,978
2020-06-30 $4,758
2020-03-31 $4,565
2019-12-31 $4,451
2019-09-30 $4,110
2019-06-30 $4,257
2019-03-31 $3,948
2018-12-31 $3,902
2018-09-30 $3,750
2018-06-30 $3,701
2018-03-31 $3,378
2017-12-31 $3,407
2017-09-30 $2,997
2017-06-30 $2,937
2017-03-31 $2,776
2016-12-31 $2,871
2016-09-30 $2,570
2016-06-30 $2,560
2016-03-31 $2,511
2015-12-31 $2,404
2015-09-30 $2,220
2015-06-30 $2,034
2015-03-31 $1,918
2014-12-31 $1,895
2014-09-30 $1,686
2014-06-30 $1,603
2014-03-31 $1,422
2013-12-31 $1,330
2013-09-30 $1,168
2013-06-30 $1,178
2013-03-31 $1,119
2012-12-31 $1,010
2012-09-30 $906
2012-06-30 $876
2012-03-31 $841
2011-12-31 $758
2011-09-30 $645
2011-06-30 $628
2011-03-31 $581
2010-12-31 $575
2010-09-30 $494
2010-06-30 $464
2010-03-31 $426
2009-12-31 $398
2009-09-30 $358
2009-06-30 $341
2009-03-31 $319
Sector Industry Market Cap Revenue
Computer and Technology Computers - Minicomputers $2245.749B $394.328B
Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.
Stock Name Country Market Cap PE Ratio
HP (HPQ) United States $29.052B 7.10
3D Systems (DDD) United States $1.211B 0.00